Living in Thayer, Illinois
Cost of living, income, home prices, rent and demographics of Thayer · Census data 2020–2024
Thayer has 531 residents with a median age of 46.4. The median household income is $62,083 (26% lower than the Illinois median), the median home value is $97,100, the median rent is $968/month.
Thayer is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Thayer at a glance
- Population
- 531
- Median age
- 46.4State: 39
- Median household income
- $62,083State: $83,390
- Median home value
- $97,100State: $263,300
- Median rent
- $968/moState: $1,274
- Homeowners
- 86.9%
- Bachelor's degree or higher
- 10.3%
- Average commute
- 30 min
Is Thayer a good place to live?
Pros: Home values 63% lower than the state median; unemployment of 4.4%; a poverty rate of 10.5%.
Cons: Median household income 26% lower than the Illinois median; an average commute of 30 minutes.
The weather is best in May–June and August–September.
Cost of living in Thayer
Housing is the biggest part of the cost of living. In Thayer the median home value is $97,100, 71% lower than the U.S. median. Renters pay a median of $968 per month, which is 33.8% of household income. Homeowners with a mortgage pay $979 a month in housing costs.
Thayer median household income
The median household income in Thayer is $62,083 and the income per person is $39,425. 10.5% of residents live below the poverty line (Illinois: 11.8%).
Housing in Thayer: homes for sale and rent
- Housing units
- 289
- Owner-occupied
- 86.9%
- Renter-occupied
- 13.1%
- Vacant
- 12.8%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.11
Thayer demographics
- Population
- 531
- Median age
- 46.4
- Under 18
- 18.8%
- 65 and older
- 22.8%
- Households
- 252
- Foreign-born
- 1.9%
- Veterans
- 14.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Thayer ›
Education in Thayer
10.3% of adults 25 and older in Thayer have a bachelor's degree or higher (Illinois: 37.8%), and 3.6% have a graduate or professional degree.
Jobs and commute in Thayer
- Unemployment rate
- 4.4%State: 5.8%
- Average commute
- 30 minState: 28 min
- Work from home
- 4.2%
- Drive alone
- 85.1%
- Public transit
- 3.4%
- Walk to work
- 0.8%
- Homes with broadband
- 91.3%
Thayer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Thayer | 531 | $62,083 | $97,100 | $968 |
| Virden | 3,171 | $80,577 | $101,300 | $864 |
| Auburn | 4,306 | $81,411 | $149,600 | $1,011 |
| Divernon | 1,164 | $71,750 | $133,700 | $1,034 |
| Girard | 1,743 | $50,300 | $98,100 | $808 |
| Farmersville | 763 | $63,750 | $116,900 | $764 |
| Chatham | 14,639 | $106,773 | $243,200 | $1,256 |
| Pawnee | 2,738 | $81,103 | $149,500 | $838 |
| Nilwood | 151 | $46,771 | $47,600 | — |
More for people moving to Thayer
Thayer ZIP code ›Weather and climate ›Living in Thayer: FAQ
What is the median household income in Thayer, IL?
The median household income in Thayer is $62,083, 26% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Thayer?
The median home value in Thayer is $97,100, compared with $263,300 in Illinois.
How much is rent in Thayer?
The median gross rent in Thayer is $968 per month, about 33.8% of household income.
Is Thayer, IL a good place to live?
Pluses: home values 63% lower than the state median; unemployment of 4.4%; a poverty rate of 10.5%. Minuses: median household income 26% lower than the Illinois median; an average commute of 30 minutes.
What is the median age in Thayer?
The median age in Thayer is 46.4 years (Illinois: 39).
How long is the commute in Thayer?
The average commute to work in Thayer is 30 minutes; 4.2% of workers work from home.
What is the unemployment rate in Thayer?
The unemployment rate in Thayer is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Thayer?
10.3% of adults in Thayer have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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